According to the research report titled ‘Floating Docks Market Size By Deck Material, By Frame Material By Float Material, By Application Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2020 – 2026’, available with Market Study Report, global floating docks market is expected to register significant growth during 2020-2026.
 

Increasing number of offshore activities for commercial, recreational, and adventure purposes is a major factor driving the growth of floating docks market. These docks adapt to changing water conditions and can confine air on the surface area for extra buoyancy. The dock can as well raise or lower itself as per the water levels.
 

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Floating docks are quick to assemble and install as well as are maintenance free. They are completely adjustable to various water conditions caused by floods, droughts, seasonal variations, and tides. These docks are inexpensive and  resistant to pollution and ultraviolet rays, which in turn is further aiding the market expansion.
 

In terms of deck material, the report claims that concrete deck segment is predicted to hold 3% volume share by the year 2026, primarily driven by its high costs and limited applicability.
 

As per frame material, the report states that plastic & composites segment is expected to surpass 11,000 units by 2026. Plastic frames comprise of indentations, holes, and tunnels which allows them to provide exceptional decay and water resistance.
 

Based on float material, wood segment is slated to record remunerative growth in the ensuing years, cites the report. Wood floats are primarily used for temporary applications since they are susceptible to water saturation and may lose strength and buoyancy over time
 

Elaborating on the application spectrum, floating docks market from government segment is estimated to generate substantial revenues in the forthcoming years. Floating docks are extensively used by numerous law enforcement agencies, parts & recreation agencies, and military.
 

Regionally, Europe floating docks industry is reckoned to exceed 16,000 units by the year 2026, primarily due to the widespread adoption in marine construction projects. On the other hand, floating docks market in Latin America is poised to surpass USD 20 million by 2026, majorly attributed to favorable regulatory policies which encourage waterfront businesses in consort with growing demand from industrial applications.
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Middle East & Africa floating docks industry is also expected to surpass 1,000 units by the year 2026 owing to increasing development of maritime infrastructure in the region.
 

Martini Alfredo S.p.A, MariCorp U.S., PMS Dockmarine, EZ Dock Co., Candock, AccuDock, Walcon Marine Limited, Marinetek, OHL (Obrascon Huarte Lain) S.A., TTS Group ASA, Abu Dhabi Ship Building Co., The Damen Group, Jet Dock Systems Inc., Bellingham Marine Industries, and Meeco Sullivan LLC are the key participants in global floating docks industry.